11204 Cedar Ridge RdOklahoma CityOK73162
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Oklahoma City at 11204 Cedar Ridge Rd, Oklahoma City, OK, 73162 offers a 8.11% rental yield on a $549,990 purchase with $3,719/mo rent. Total monthly income registers $3,719/mo, and a $2,692/mo payment leaves $207/mo available for distribution. Annual cash flow reaches $2,479/yr on $180,947 to close, and return on cash invested stands at 21.43% in year one. Equity gained on principal adds $3,549/yr while 5% annual appreciation supports $151,952 over five years. Portfolio math shows five-year ROI at 111.23% and total cumulative return in cash at $201,271. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,719/mo property income against a $2,692/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73162, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,312 (100%) |
| Owner Occupied HU | 8,376 (62.9%) |
| Renter Occupied HU | 4,174 (31.4%) |
| Vacant Housing Units | 762 ( 5.7%) |
| Median Home Value | $268,862 |
| Average Home Value | $288,926 |
Housing Distribution
Address Breakdown
Residential
12,598
Single Family
11,380
Multi-Family
1,218
Businesses
377
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Skylar Petry • Bailee & Co. Real Estate
Mls Name: MLSOK/OKCMAR
Mls ID: #1196801